The equity implications of e‐commerce: A note
Konstantinos Eleftheriou and
Michael Polemis ()
Managerial and Decision Economics, 2019, vol. 40, issue 5, 515-519
Abstract:
We develop a simple model with heterogeneous agents and search frictions to study how increases in matching intensity between buyers and retailers as a result of e‐commerce determine the level of income inequality among retailers. Our findings indicate that a reduction in search frictions leads to higher inequality and induces buyers to purchase goods and services only from specialized retailers.
Date: 2019
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https://doi.org/10.1002/mde.3020
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Persistent link: https://EconPapers.repec.org/RePEc:wly:mgtdec:v:40:y:2019:i:5:p:515-519
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